Cooperative societies and cooperative banks are people friendly programmes essential for well being of poor and working community.
Even though corruption was penetrating into it especially in olden days, it can be refined.
By centrally noting the existing banking records, without provision for misappropriation or corruption, functionality should be restored in cooperative societies and banks.
Political agendas should not wreck people friendly programmes existing in the state and country.
Other political parties also can initiate such people friendly programmes in other areas of country without wrecking existing people friendly programmes in any state.
We have to support central govt initiation on demonetisation for the well being of country. We have to solve situation specific issues with tolerance and without letting people friendly programmes to be wrecked.
Re: Existence of cooperative societies and banks without corruption
by Anti on Nov 18, 2016 06:12 PM
Well said. You are the rightly thinking Indian I believe -:)
Lots of Points being said about problems being faced by Public in current demonetisation situation but no APPRECIATION for BANK EMPLOYEES who r giving GREAT SERVICE to we INDIANs.Please say THANKS to them whenever u Visit ur BANK next time.
Coopeateive banks in Kerala has huge deposits of black money.even though rbi has asked them to provide the details they are yet to provide it.Most of these cooperative banks are operated and controlled by the communist party people.They want their black money to protected that is the reason why Vijayan, Yechuri etc are against the Demonetisation. What ever you do government is not going back on this decision.Like how lodha committe has asked BCCI to accept to their recommedation, like that cooperative bank has to accept the condition laydown by RBI like regular update on deposits to RBI, regular audit by RBI etc.
Re: cooperative banks
by Hu Man on Nov 18, 2016 04:26 PM
true .and also the appointment in co operative banks shld be transparent.dont allow the co operative banks to become communisht party offices
